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Suppose RBC Has a Current Share Price of $75

Question 13

Multiple Choice

Suppose RBC has a current share price of $75.25 and an EPS of 6.57.Its competitor,CIBC,has an EPS of 8.94.Using the method of comparables,what is the expected price of CIBC stock?


A) $58.74
B) $45.63
C) $102.36
D) $11.45
E) $55.30

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